Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
SuperBitMan
on 18/03/2025, 13:06:13 UTC

Actually you have just spoken my mind on this selling all his Bitcoin at once, no matter how much money you have accumulated in Bitcoin or outside Bitcoin, and think of selling all Bitcoin is the best way, my brother it is not best way, on my own i see all my investment in Bitcoin as an asset, because Bitcoin is my lifetime investment and selling it in a hurry or anytime soon will never come my mind, i will always hodl the dips in long term, so it is very good to always plan ahead of you future, because once you sell up your Bitcoin temptation of the things you will use the money will come immediately as if it was planned and that will make you to start all over again from the cretch and which it will take along time to accumulate, but selling some parts of the investment when you think is due to sell, you can sell some at of it than selling all, and that is why they thread on buy the dip and hodl was created for it to be refreshing our minds on how we should go about our Bitcoin for those that is still coming up.

The bottom line is that we are investing in Bitcoin and it must have a plan. If you do not have an investment plan, you will never reach your destination, so before investing, you must have a plan, according to the plan, it will be possible to sustain your investment for a long time. Not only the plan, you should keep an emergency fund along with your investment, which emergency fund will protect your investment and sometimes help you buy dips in the DCA method.
You must be experienced and careful about investing, because if you participate in investing carelessly, you will not be able to sustain your investment for a long time. So make yourself more experienced and sustain your investment for a long time, you can invest according to this plan.

Surely in every investment there should be always an emergency fund that will always keep away from touching your main investment and using the the mothed of dollar cost average, it also help me in buying the dip and hodl, such plans have me helping to keep me going during my investment because there this saying that said he failed to plan, plan to failed, so in every successful investor he/she has a strategic or plan  ways that make them to be a good Bitcoiner.

One thing is having emergency fund and the other thing is discipline and determination, I have someone who has an emergency fund but still touches his investment and what that means is lack of discipline and determination. Your emergency funds, discretionary etc will only function well in your investment if you are discipline and determined because it will help you to recognize them but if you are not..., you can not recognize them because you will be so myopic and you won't think outside the box. Planning is the principal thing is any investment, because if you are able to planned out how everything will work for you, your investment will go so smooth regardless of any obstacle.

You are right we always talk about having an emergency funds and other backup funds forgetting that without determination and discipline we will still exhaust them all, if you have a very strong backup funds and a good discretionary income and you don't have discipline on spending you will still dip hands into your Bitcoin investment because you will find yourself spending all your backups funds on unnecessary things, so it is very important we have discipline and a good management skill in other to succeed in our Bitcoin investment.

Well in other to succeed in our Bitcoin investment is it important we have this characters in us which are.
1. Determination.
We most first have the determination to grow and succeed in our Bitcoin investment journey, if we have this determination to succeed we will actually succeed.
2. Discipline.
We need to be very discipline let's not spend our money anyhow write down a plan on how to spend your salary for the week or month and let any emergency that comes up be taken care by your emergency funds.
3. Patience and consistency.
We all know that Bitcoin investment is not a Ponzi scheme where they tell you to invest today and get your profit return in a week time, Bitcoin investment takes time so you most have patient and you most also be consistent in accumulating.